The Supreme Court Monday asked the Centre to take a stand on CBI investigations into the Panama Papers.
A bench led by Justice Dipak Misra asked the Central government as well as the probe agency to file their affidavits in four weeks to respond to a PIL filed by Delhi-based lawyer M L Sharma.
“You (Centre and CBI) must take a stand on whether or not an investigation by them is required. Everything will depend on how you respond in your affidavits,” the bench said.
It also asked the counsel for the CBI, Central Board of Direct Taxes, and the RBI to submit their replies.
Sharma has sought a CBI probe against the Indian offshore account holders and stock market regulators under the supervision of the apex court.